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On CNBC's "Fast Money Halftime Report," Jim Lebenthal advised a viewer who followed him into ViacomCBS (NASDAQ: VIAC) a few months into the crisis to sell the stock and take profits. read more.....»»

General Electric Co reported a 7.6% drop in first-quarter revenue, hurt by weakness in its aviation and power units due to the coronavirus pandemic, and fell short of its own free cash flow targets for the quarter......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Quarantines and lockdowns at large U.S. power plants are threatening to squeeze a multibillion-dollar slice of revenue that General Electric Co is counting on to help lift profits......»»

General Electric Co. will likely suffer such a steep drop in earnings this year because of the coronavirus pandemic that its debt reduction target is “unachievable,” said UBS analyst Markus Mittermaier......»»

"We're doing all that we can to support our customers at this time of rapid change and uncertainty," General Electric CEO Larry Culp said after temporary cuts were made in its aviation business......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

General Motors on Wednesday forecast flat profits for 2020 and reported a better-than-expected fourth-quarter result as it kicked off a new effort to win over investors stampeding into shares of electric car rival Tesla......»»

General Motors on Wednesday forecast flat profits for 2020 and reported a better-than-expected fourth-quarter result as it kicked off a new effort to win over investors stampeding into shares of electric car rival Tesla......»»

General Motors Co on Wednesday forecast flat profits for 2020 and reported a better-than-expected fourth quarter result as it kicked off a new effort to win over investors stampeding into shares of electric car rival Tesla Inc ......»»

General Motors Co on Wednesday forecast flat profits for 2020 and reported a better than expected fourth quarter result as it kicked off a new effort to win over investors stampeding into shares of electric car rival Tesla Inc ......»»

Beleaguered Boeing Co is putting its future in the hands of an industrial veteran who has led several companies in crisis, began his career at engine maker General Electric Co and has already spent a decade on the board of the world's largest planemaker......»»

Beleaguered Boeing Co is putting its future in an industrial veteran who has led several companies in crisis, began his career at engine maker General Electric Co and has already spent a decade on the board of the world’s largest planemaker......»»

Beleaguered Boeing Co is putting its future in an industrial veteran who has led several companies in crisis, began his career at engine maker General Electric Co and has already spent a decade on the board of the world's largest planemaker......»»

Hedge funds are known to underperform the bull markets but that’s not because they are terrible at stock picking. Hedge funds underper.....»»

General Electric Co on Monday named finance head at shipper AP Moller-Maersk as its new chief financial officer in the latest top-level change aimed at turning around the U.S. industrial conglomerate......»»

General Electric Co. hired Carolina Dybeck Happe as its next chief financial officer, giving top boss Larry Culp a new partner to help tackle one of the trickiest turnaround efforts in corporate America......»»

General Electric Co. hired Carolina Dybeck Happe as its next chief financial officer, giving top boss Larry Culp a new partner to help tackle one of the trickiest turnaround efforts in corporate America......»»

General Electric Co posted a $1.3 billion loss in the third quarter on Wednesday, and said revenue was flat as it struggles to restore growth and profits after taking a $22 billion accounting charge a year ago......»»

Large pickup trucks that tow most of the profits in to Ford Motor Co and General Motors Co are holdovers from another century - with heavy ladder frames and big internal combustion engines in the front driving the wheels in the back......»»